Purchase Executive

Key Responsibilities:

• Vendor Sourcing & Management:

Identify and evaluate potential suppliers.

• Develop and maintain relationships with reliable vendors.

Negotiate terms and conditions with suppliers to ensure cost-effective procurement.

• Procurement Operations:

Raise and manage purchase orders.

• Track the status of orders and ensure timely delivery of goods and services.

Evaluate suppliers based on price, quality, service, support, availability, and reliability.

• Inventory & Supply Chain Management:

Coordinate with inventory and warehouse teams to manage stock levels.

• Ensure that inventory aligns with organizational requirements without overstocking.

Implement reordering processes to prevent stockouts.

• Cost Management & Budgeting:

Work within the allocated procurement budget.

• Identify cost-saving opportunities without compromising on quality.

Monitor market trends to forecast future procurement needs and pricing changes.

• Quality Assurance:

Ensure that all purchased products meet the necessary quality standards.

• Collaborate with the quality control team to address any quality-related issues.

Documentation & Compliance:

• Maintain accurate records of purchase orders, invoices, and other documentation.

Ensure compliance with company policies and legal regulations regarding procurement.

Cross-functional Collaboration: Work closely with the finance team to ensure accurate billing and payments.

• Coordinate with internal departments (e.g., production, sales, engineering) to understand their material requirements.

Reporting & Analysis:

• Prepare regular reports on procurement activities, vendor performance, and market conditions.

Analyze purchasing data to identify trends and opportunities for improvement.

• Qualifications:

Bachelor's degree in Supply Chain Management, Business Administration, or related field.

• Proven experience as a Purchase Executive or similar role.

Strong negotiation and communication skills.

• Proficiency in procurement software (e.g., SAP, Oracle, etc.) and MS Office.

Excellent organizational skills with attention to detail.

• Knowledge of supply chain procedures and logistics.

REQUIRED EXPERIENCE OF MINIMUM 3-5 YEARS IN CONSTRUCTION /REAL ESTATE SECTOR IN A SIMILAR PROCUREMENT ROLE

Job Type: Full-time

Application Question(s):

• Are you currently at Bangalore

* Are you an immediate joiner

• Are you available for F2F Interview

Education:

• Bachelor's (Preferred)

Experience:

• total work: 3 years (Preferred)

Work Location: In person